Impact of Digital Economy on Energy Supply Chain Efficiency: Evidence from Chinese Energy Enterprises

Shuke Fu, Jiabei Liu, Jiali Tian, Jiachao Peng and Chuyue Wu
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Shuke Fu: School of Law and Business, Wuhan Institute of Technology, Wuhan 430205, China
Jiabei Liu: School of Law and Business, Wuhan Institute of Technology, Wuhan 430205, China
Jiali Tian: School of Law and Business, Wuhan Institute of Technology, Wuhan 430205, China
Jiachao Peng: School of Law and Business, Wuhan Institute of Technology, Wuhan 430205, China
Chuyue Wu: The Yanan Wang Institute for Economics, Xiamen University, Xiamen 361005, China

Energies, 2023, vol. 16, issue 1, 1-21

Abstract: The global industrial chain and energy supply chain are being reconfigured at an accelerated pace, and the uncertainty of China’s energy supply security is growing significantly. Empowering energy supply chains through the digital economy ( d i e c ) has a positive effect on accelerating the transformation of China’s energy supply structure. This paper discusses the effect and mechanisms of the digital economy on energy supply chain efficiency ( e s c e ). Specifically, based on the panel data of 112 energy enterprises in China from 2011 to 2019, energy supply chain efficiency and digital economy at the enterprise level were evaluated through three-stage DEA and content analysis, respectively. A two-way fixed effects model and mediation effect mode were adopted to investigate the nexus of d i e c and e s c e . The results show that the digital economy improves energy supply chain efficiency, and the conclusion holds water even after a series of robustness tests and endogenous treatment. Meanwhile, its promotion effect is more significant among large enterprises, non-state enterprises and enterprises in high market-oriented regions. The main impact mechanisms are regional industrial agglomeration and technological innovation of enterprises. Based on the above conclusions, it is suggested to take advantage of the industrial aggregation effect and technological innovation effect of the digital economy to further improve the efficiency of the energy supply chain for the purpose of maintaining energy supply security.

Keywords: digital economy; energy supply chain efficiency; energy enterprises; two-way fixed effects model (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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